Reinsdorf: "The team will be worth more out of town.”
by G.K.Chesterton (2024-04-15 15:38:09)

In reply to: Limted Partnership Owns the Team  posted by Bill Melton

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Perhaps it's just playing hardball...

Details of the partnership have been kept private but Forbes reports Reinsdorf currently owns about 19 percent of his baseball team. He told Hinz that “the big money” is represented by non-Chicagoans who would seek a maximum return in any sale, likely leading to a move to Nashville or another city seeking a team.

“When I’m gone, (Michael) will have an obligation to do what’s best (for the other investors),” Reinsdorf said. “That likely means putting the team up for sale … The team will be worth more out of town.”



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